AI Miami International University of Art and Design Financial Aid and Scholarships
Students Receiving Aid
92%
Total Aid Amount
$8.998M
Financial Aid Official Website
www.artinstitutes.edu/financial-aid
Notably, 87% of the students at AI Miami International University of Art and Design get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,920,362. Notably, a total of 59% of the applicants to AI Miami International University of Art and Design receive the Federal Grant every year. Meanwhile, 83% of the applicants receive the Student Grant and 61% are awarded the Institution Grant, while 57% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,917, the State Grant receivers and Institution Grant beneficiaries get $3,050 and $2,473, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,364. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 63% of the applicants to AI Miami International University of Art and Design opt for student loans.
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